At some point this week the stock market indexes could reach a moment of truth on their respective stock charts. Last week we wrote about possible downside support levels. Well, we are within spitting distance of each.

Pay close attention to how the indexes trade as the hit these key levels: NASDAQ – 2200, Dow Jones Industrials are there right now and the S&P 500 – 1000. The routine has been hit support and bounce. As they say “the trend is your friend” - until it’s no longer a trend. If we hit support and sell off, that’s a break in this routine.

There is a lot of worry building up out there. The indexes have turned a deaf ear and a blind eye to the fact that the economic picture and news remain bleak. Unemployment is still on the rise and headed to at least 10%, the dollar is

At some point this week the stock market indexes could reach a moment of truth on their respective stock charts. Last week we wrote about possible downside support levels. Well, we are within spitting distance of each.

Pay close attention to how the indexes trade as the hit these key levels: NASDAQ – 2200, Dow Jones Industrials are there right now and the S&P 500 – 1000. The routine has been hit support and bounce. As they say “the trend is your friend” - until it’s no longer a trend. If we hit support and sell off, that’s a break in this routine.

There is a lot of worry building up out there. The indexes have turned a deaf ear and a blind eye to the fact that the economic picture and news remain bleak. Unemployment is still on the rise and headed to at least 10%, the dollar is

Every week we have some level of expectation as to what we are going to see when we screen more than 800 ETF stock charts. But almost always, the charts have their own story to tell. It reminds us of the joke: Do you want to make God laugh? Then tell him your life plans. Much like the joke, what we expect to see and what we actually see are two very different things. This is one of those weeks.

When you read all the headlines: the market’s hot, new highs, NASDAQ, S&P 500 & Dow Jones Industrials all breaking out, the economy is on the road to recovery, earnings better than expected… so you expect technology stocks, growth stocks and sexy stories to dominate the charts like Michael Jackson in the '80s. That’s not what happened this week.

Every week we have some level of expectation as to what we are going to see when we screen more than 800 ETF stock charts. But almost always, the charts have their own story to tell. It reminds us of the joke: Do you want to make God laugh? Then tell him your life plans. Much like the joke, what we expect to see and what we actually see are two very different things. This is one of those weeks.

When you read all the headlines: the market’s hot, new highs, NASDAQ, S&P 500 & Dow Jones Industrials all breaking out, the economy is on the road to recovery, earnings better than expected… so you expect technology stocks, growth stocks and sexy stories to dominate the charts like Michael Jackson in the '80s. That’s not what happened this week.

Under the surface we see some new possible trends emerging

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IATISTKBEKREPFIPICXLBICFIYRREZRWRVNQIWDIWNJKFMGVVTVVYMThe Correct CallInsider Buying at ABM Industrieshttp://seekingalpha.com/article/149888-insider-buying-at-abm-industries?source=feed_author_the_correct_call
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ABM Industries Inc. (NYSE:ABM) is our insider buying stock of the week. ABM Industries Incorporated, through its subsidiaries, provides janitorial, parking, security, and engineering services for commercial, industrial, institutional, and retail facilities primarily in the United States. It operates in four segments: Janitorial, Parking, Security, and Engineering. The Janitorial segment provides floor cleaning and finishing, window washing, furniture polishing, and carpet cleaning and dusting, as well as other building cleaning services for customers in various facilities, including commercial office buildings, industrial facilities, financial institutions, retail stores, shopping centers, warehouses, airport terminals, health facilities and educational institutions, stadiums and arenas, and government buildings.

On July 9th, ABM’s Sr. VP, Corp. Sec. and Gen. Counsel, Ms. Sarah Hlavinka McConnell, purchased 1,445 shares for a total of almost $25,000. Her timing may have been fairly good as ABM recently printed a positive MACD crossover, one of our favorite technical analysis buy signals. In

ABM Industries Inc. (NYSE:ABM) is our insider buying stock of the week. ABM Industries Incorporated, through its subsidiaries, provides janitorial, parking, security, and engineering services for commercial, industrial, institutional, and retail facilities primarily in the United States. It operates in four segments: Janitorial, Parking, Security, and Engineering. The Janitorial segment provides floor cleaning and finishing, window washing, furniture polishing, and carpet cleaning and dusting, as well as other building cleaning services for customers in various facilities, including commercial office buildings, industrial facilities, financial institutions, retail stores, shopping centers, warehouses, airport terminals, health facilities and educational institutions, stadiums and arenas, and government buildings.

On July 9th, ABM’s Sr. VP, Corp. Sec. and Gen. Counsel, Ms. Sarah Hlavinka McConnell, purchased 1,445 shares for a total of almost $25,000. Her timing may have been fairly good as ABM recently printed a positive MACD crossover, one of our favorite technical analysis buy signals. In

The company is expected to earn 35 cents for its 1st quarter. We expect the Consumer Goods company to announce earnings that will beat investors’ and analysts’ expectations. With HELE it’s simple. When

The company is expected to earn 35 cents for its 1st quarter. We expect the Consumer Goods company to announce earnings that will beat investors’ and analysts’ expectations. With HELE it’s simple. When

Once again we find Coal at the bottom of the stack in this week’s sector performance update. With Cap & Trade passing the house and the Senate sure to pass something too, Coal should make itself comfortable down there. After all, President Obama himself said his Cap & Trade policy would necessarily bankrupt coal companies and drive utility bills up. Much like Europe has tried to do, unsuccessfully, this administration is hell bent on driving the cost of fossil fuels up so that windmills, solar panels and whatever riles the imagination will be almost as cost effective as our current energy infrastructure. We just hope they put those Obama stimulus stickers on everybody’s energy bill so Americans know who is to blame when the cost of cap & trade hits your mailbox.

Once again we find Coal at the bottom of the stack in this week’s sector performance update. With Cap & Trade passing the house and the Senate sure to pass something too, Coal should make itself comfortable down there. After all, President Obama himself said his Cap & Trade policy would necessarily bankrupt coal companies and drive utility bills up. Much like Europe has tried to do, unsuccessfully, this administration is hell bent on driving the cost of fossil fuels up so that windmills, solar panels and whatever riles the imagination will be almost as cost effective as our current energy infrastructure. We just hope they put those Obama stimulus stickers on everybody’s energy bill so Americans know who is to blame when the cost of cap & trade hits your mailbox.

Here are the past week’s top and worst performing sectors:

Performance versus the S&P 500

Rank

Industry

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The Correct CallIs It Time to Sell in May and Come Back Another Day?http://seekingalpha.com/article/136931-is-it-time-to-sell-in-may-and-come-back-another-day?source=feed_author_the_correct_call
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Warning shots are being fired.

For the first time in many weeks one of our indicators has delivered a sell signal. Our market leadership model needle is pointed at sell. We also noticed the breakdown on the charts as the NASDAQ crossed under the S&P 500 in terms of performance. The NASDAQ has led the way during this rally up, pay close attention to the lead dog. If it stops pulling the sled, eventually the sled stops moving in that direction.

Despite the markets' continued push upwards, our momentum models lost traction for the 3rd week in a row. For now it is still in buy territory, but one or two soft days and it will be in real danger of pointing at sell too.

Our real fear is that the indexes trade in what we call a triangle pattern (see chart below). We saw this same pattern in our

For the first time in many weeks one of our indicators has delivered a sell signal. Our market leadership model needle is pointed at sell. We also noticed the breakdown on the charts as the NASDAQ crossed under the S&P 500 in terms of performance. The NASDAQ has led the way during this rally up, pay close attention to the lead dog. If it stops pulling the sled, eventually the sled stops moving in that direction.

Despite the markets' continued push upwards, our momentum models lost traction for the 3rd week in a row. For now it is still in buy territory, but one or two soft days and it will be in real danger of pointing at sell too.

Our real fear is that the indexes trade in what we call a triangle pattern (see chart below). We saw this same pattern in our

Complete Story »]]>
DIASPYQQQPSQQIDThe Correct CallCoal Stocks: Burning It Uphttp://seekingalpha.com/article/135405-coal-stocks-burning-it-up?source=feed_author_the_correct_call
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Last week Coal stocks nearly make a worst to first move and reversed a technical analysis sell signal into a buy signal. That’s the first time we can remember that combination happening in a long, long time.

Yesterday the S&P 500 followed the NASDAQ into positive territory for the year. This is good news for investors as long as it lasts. We expect to see most sectors in the green again next week as the indexes should continue to rise a bit before finding the next level of resistance.

Last week Coal stocks nearly make a worst to first move and reversed a technical analysis sell signal into a buy signal. That’s the first time we can remember that combination happening in a long, long time.

Yesterday the S&P 500 followed the NASDAQ into positive territory for the year. This is good news for investors as long as it lasts. We expect to see most sectors in the green again next week as the indexes should continue to rise a bit before finding the next level of resistance.

Apollo Group Inc. (NASDAQ:APOL) is set to report earnings (APOL Earnings Webcast) after the market closes on Tuesday, March 31, 2009. Apollo Group, Inc. has been an education provider for more than 30 years, providing academic access and opportunity to students through its subsidiaries, University of Phoenix, Institute for Professional Development, College for Financial Planning, Western International University, Meritus University, Insight Schools and Apollo Global. The Company’s distinctive educational programs and services are provided at the high school, undergraduate, graduate and doctoral levels in 40 states and the District of Columbia; Puerto Rico; Alberta and British Columbia, Canada; Mexico; Chile; and the Netherlands, as well as online throughout the world.

APOL is expected to earn 65 cents for its 2nd quarter. We expect the education and training services company to announce earnings that will beat investors’ and analysts’ expectations . Heading into earnings, APOL estimate has been on the rise,

Apollo Group Inc. (NASDAQ:APOL) is set to report earnings (APOL Earnings Webcast) after the market closes on Tuesday, March 31, 2009. Apollo Group, Inc. has been an education provider for more than 30 years, providing academic access and opportunity to students through its subsidiaries, University of Phoenix, Institute for Professional Development, College for Financial Planning, Western International University, Meritus University, Insight Schools and Apollo Global. The Company’s distinctive educational programs and services are provided at the high school, undergraduate, graduate and doctoral levels in 40 states and the District of Columbia; Puerto Rico; Alberta and British Columbia, Canada; Mexico; Chile; and the Netherlands, as well as online throughout the world.

APOL is expected to earn 65 cents for its 2nd quarter. We expect the education and training services company to announce earnings that will beat investors’ and analysts’ expectations . Heading into earnings, APOL estimate has been on the rise,

During our weekly review of industry performance, we always have an eye on hot stocks in the top performing sectors. Global Industries Ltd. (NASDAQ:GLBL) is one worth watching.

GLBL provides offshore construction, engineering and support services including pipeline construction, platform installation and removal, and diving services to the oil and gas industry in the Gulf of Mexico, West Africa, Asia Pacific, Middle East/India, South America, and Mexico’s Bay of Campeche.

From our vantage point, the most compelling reason we like Global Industries is based on its stock chart. According to our technical analysis, as you see on the chart below, GLBL should find support around $4 per share and upside to nearly $7. That’s roughly a 3:1 reward to risk ratio.

Valuation wise, we see merit in the oil & gas equipment & services company. GLBL trades at a forward P/E of just 5.46. In the face of

During our weekly review of industry performance, we always have an eye on hot stocks in the top performing sectors. Global Industries Ltd. (NASDAQ:GLBL) is one worth watching.

GLBL provides offshore construction, engineering and support services including pipeline construction, platform installation and removal, and diving services to the oil and gas industry in the Gulf of Mexico, West Africa, Asia Pacific, Middle East/India, South America, and Mexico’s Bay of Campeche.

From our vantage point, the most compelling reason we like Global Industries is based on its stock chart. According to our technical analysis, as you see on the chart below, GLBL should find support around $4 per share and upside to nearly $7. That’s roughly a 3:1 reward to risk ratio.

Valuation wise, we see merit in the oil & gas equipment & services company. GLBL trades at a forward P/E of just 5.46. In the face of

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GLBLThe Correct CallSynnex Earnings Previewhttp://seekingalpha.com/article/127044-synnex-earnings-preview?source=feed_author_the_correct_call
127044Synnex Corp. (NYSE:SNX) is set to report earnings after the market closes on Thursday, March 26, 2009.

Founded in 1980, Synnex is a leading business process services company offering a comprehensive range of services to original equipment manufacturers and software publishers, or (OEMs), and reseller customers worldwide. The company provides outsourcing services in IT distribution, contract assembly, logistics management and business process outsourcing. SYNNEX distributes IT systems, peripherals, system components, software and networking equipment for OEM suppliers such as HP (NYSE:HPQ), IBM (NYSE:IBM), Intel (NASDAQ:INTC), Microsoft Corporation (NASDAQ:MSFT) and Seagate (NASDAQ:STX).

SNX is expected to earn 52 cents for its 1st quarter. We expect the business services company to announce earnings that will beat investors’ and analysts’ expectations. Management announced on January 27th that “we anticipate our earnings results will come in at the high-end, if not exceed, our stated guidance.”

Synnex Corp. (NYSE:SNX) is set to report earnings after the market closes on Thursday, March 26, 2009.

Founded in 1980, Synnex is a leading business process services company offering a comprehensive range of services to original equipment manufacturers and software publishers, or (OEMs), and reseller customers worldwide. The company provides outsourcing services in IT distribution, contract assembly, logistics management and business process outsourcing. SYNNEX distributes IT systems, peripherals, system components, software and networking equipment for OEM suppliers such as HP (NYSE:HPQ), IBM (NYSE:IBM), Intel (NASDAQ:INTC), Microsoft Corporation (NASDAQ:MSFT) and Seagate (NASDAQ:STX).

SNX is expected to earn 52 cents for its 1st quarter. We expect the business services company to announce earnings that will beat investors’ and analysts’ expectations. Management announced on January 27th that “we anticipate our earnings results will come in at the high-end, if not exceed, our stated guidance.”

Synnex has exceeded estimates 15 of the last 17

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SNXThe Correct CallDown the Up Trend - Or Is It Vice Versa?http://seekingalpha.com/article/126205-down-the-up-trend-or-is-it-vice-versa?source=feed_author_the_correct_call
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Clearly last week’s reversal changed the short-term trend from down to up. The million dollar question is, “was March 9, 2009 the low?” Judging from the charts, the near-term answer is yes! However, we wouldn’t be at all surprised to see the low tested some time again around late June to early July.

We believe it possible to see the November low to March low cycle repeat itself; an initial burst up followed by sideways action and then a revisit to the March lows during the summer doldrums.

As for the days immediately ahead, short-term momentum is through the roof. There is not much room for it to head higher. We should see some air let out for the balloon and we

Clearly last week’s reversal changed the short-term trend from down to up. The million dollar question is, “was March 9, 2009 the low?” Judging from the charts, the near-term answer is yes! However, we wouldn’t be at all surprised to see the low tested some time again around late June to early July.

We believe it possible to see the November low to March low cycle repeat itself; an initial burst up followed by sideways action and then a revisit to the March lows during the summer doldrums.

As for the days immediately ahead, short-term momentum is through the roof. There is not much room for it to head higher. We should see some air let out for the balloon and we

Complete Story »]]>
The Correct CallLHC Group Earnings Previewhttp://seekingalpha.com/article/124641-lhc-group-earnings-preview?source=feed_author_the_correct_call
124641LHC Group, Inc. (NASDAQ:LHCG) is set to report earnings before the market opens on Wednesday, March 11th. LHC Group, Inc., through its subsidiaries, provides post-acute healthcare services primarily to Medicare beneficiaries in rural markets in the United States. The company offers various home-based services primarily through home nursing agencies and hospices; and facility-based services principally through long-term acute care hospitals and outpatient rehabilitation clinics.

LHGC is expected to earn 46 cents for its 4th quarter. We expect the home nursing company to announce earnings that slightly beat investors’ and analysts’ expectations as LHCG beat the number 11 of the last 13 quarters.

This is yet another Obama stock. Jefferies and Company recently noted that home-nursing stocks should benefit from the spendulus and post strong 4th quarter results. In addition to the stimulus, the expansion of Medicare will be a big part of healthcare reform. Perhaps that’s why analysts are projecting

LHC Group, Inc. (NASDAQ:LHCG) is set to report earnings before the market opens on Wednesday, March 11th. LHC Group, Inc., through its subsidiaries, provides post-acute healthcare services primarily to Medicare beneficiaries in rural markets in the United States. The company offers various home-based services primarily through home nursing agencies and hospices; and facility-based services principally through long-term acute care hospitals and outpatient rehabilitation clinics.

LHGC is expected to earn 46 cents for its 4th quarter. We expect the home nursing company to announce earnings that slightly beat investors’ and analysts’ expectations as LHCG beat the number 11 of the last 13 quarters.

This is yet another Obama stock. Jefferies and Company recently noted that home-nursing stocks should benefit from the spendulus and post strong 4th quarter results. In addition to the stimulus, the expansion of Medicare will be a big part of healthcare reform. Perhaps that’s why analysts are projecting

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LHCGThe Correct CallMasTec Earnings Previewhttp://seekingalpha.com/article/123297-mastec-earnings-preview?source=feed_author_the_correct_call
123297MasTec, Inc. (NYSE:MTZ) is set to report earnings after the market closes Monday, March 2nd. MasTec is a leading specialty contractor for communications companies, utilities and governments throughout the United States. MasTec designs, builds, installs, maintains and upgrades infrastructure that is the backbone of the nation’s economy – telephone, high-speed Internet, electric, water, sewer and natural gas – as well as provides installation and maintenance services for satellite and cable television services.

MTZ is expected to earn 25 cents for its 4th quarter. We expect the construction company to announce earnings that will slightly beat investors’ and analysts’ expectations. MasTec has topped consensus estimates 6 quarters in a row and we believe they will make it a lucky 7. Management called MTZ’s 3rd quarter “our best quarter in years and a true indication of our improvement and success.”

MasTec, Inc. (NYSE:MTZ) is set to report earnings after the market closes Monday, March 2nd. MasTec is a leading specialty contractor for communications companies, utilities and governments throughout the United States. MasTec designs, builds, installs, maintains and upgrades infrastructure that is the backbone of the nation’s economy – telephone, high-speed Internet, electric, water, sewer and natural gas – as well as provides installation and maintenance services for satellite and cable television services.

MTZ is expected to earn 25 cents for its 4th quarter. We expect the construction company to announce earnings that will slightly beat investors’ and analysts’ expectations. MasTec has topped consensus estimates 6 quarters in a row and we believe they will make it a lucky 7. Management called MTZ’s 3rd quarter “our best quarter in years and a true indication of our improvement and success.”

This is very much a company that can benefit from the spendulus

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MTZThe Correct CallMarket Signal: Proceed with Cautionhttp://seekingalpha.com/article/112671-market-signal-proceed-with-caution?source=feed_author_the_correct_call
112671Tue, 30 Dec 2008 14:42:28 -0500The Correct Call
By The Correct Call:Complete Story »]]>
DIAQQQSPYThe Correct CallGambling Stocks: Time to Take a Chance?http://seekingalpha.com/article/111452-gambling-stocks-time-to-take-a-chance?source=feed_author_the_correct_call
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Our weekly technical analysis of industry charts uncovered potential in some stocks that have been pummeled; gambling stocks. Since these stocks present more risk than a hand of blackjack, we recommend owning a few and maintaining stops. Risk is not always a bad thing; in this case we hope to be dealt a One Eyed Jack and an Ace of Spades.

The 3 gambling stocks we like are:

Full House Resorts (NASDAQ:FLL) trades at less than its book value of $1.86 and at a forward PE of just 7 times earnings. The company is generating enough cash flow to buy back up to $1 million in shares. Full House expects substantial EPS growth when their new FireKeepers Casino opens in mid 2009.

Technically, the stock looks attractive too; recently the MACD registered a buy signal with a positive MACD crossover under zero. A note of caution, FLL is a

Our weekly technical analysis of industry charts uncovered potential in some stocks that have been pummeled; gambling stocks. Since these stocks present more risk than a hand of blackjack, we recommend owning a few and maintaining stops. Risk is not always a bad thing; in this case we hope to be dealt a One Eyed Jack and an Ace of Spades.

The 3 gambling stocks we like are:

Full House Resorts (NASDAQ:FLL) trades at less than its book value of $1.86 and at a forward PE of just 7 times earnings. The company is generating enough cash flow to buy back up to $1 million in shares. Full House expects substantial EPS growth when their new FireKeepers Casino opens in mid 2009.

Technically, the stock looks attractive too; recently the MACD registered a buy signal with a positive MACD crossover under zero. A note of caution, FLL is a

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FLLUWNMCRIThe Correct CallEarnings Outlook: National Semiconductorhttp://seekingalpha.com/article/109416-earnings-outlook-national-semiconductor?source=feed_author_the_correct_call
109416National Semiconductor (NSM) is set to report earnings after the market closes Monday, December 8. National Semiconductor Corporation is a semiconductor company that engages in the design, development, manufacture, and marketing of semiconductor products, primarily analog and mixed-signal integrated circuits.

NSM is expected to earn a profit of 21 cents for its 2nd quarter. We expect the tech company to announce earnings that will missinvestors’ and analysts’ expectations as we believe the environment for chipmakers is tougher than most expect.

According to Semiconductor Industry Association, “The slowdown in worldwide semiconductor sales that became evident in September continued in October.” SIA President George Scalise said “the worldwide financial turmoil is expected to continue to impact demand for semiconductors as we enter 2009. For 2009 PC unit shipments are forecast to decline by 5% and cell phone unit shipments are projected to be down by 9%.” Cell phones and PCs account

National Semiconductor (NSM) is set to report earnings after the market closes Monday, December 8. National Semiconductor Corporation is a semiconductor company that engages in the design, development, manufacture, and marketing of semiconductor products, primarily analog and mixed-signal integrated circuits.

NSM is expected to earn a profit of 21 cents for its 2nd quarter. We expect the tech company to announce earnings that will missinvestors’ and analysts’ expectations as we believe the environment for chipmakers is tougher than most expect.

According to Semiconductor Industry Association, “The slowdown in worldwide semiconductor sales that became evident in September continued in October.” SIA President George Scalise said “the worldwide financial turmoil is expected to continue to impact demand for semiconductors as we enter 2009. For 2009 PC unit shipments are forecast to decline by 5% and cell phone unit shipments are projected to be down by 9%.” Cell phones and PCs account

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NSMThe Correct CallTrading Earnings: Expecting AeroVironment to Beathttp://seekingalpha.com/article/108979-trading-earnings-expecting-aerovironment-to-beat?source=feed_author_the_correct_call
108979AeroVironment, Inc. (NASDAQ:AVAV) is set to report earnings after the market closes this afternoon. AeroVironment, Inc. engages in the design, development, and production of unmanned aircraft systems and energy technologies for various industries and governmental agencies.

AVAV is expected to earn a profit of 27 cents for its second quarter. We expect the defense/alternative energy company to announce earnings that will beat investors’ and analysts’ expectations. Aero has had no problem handling consensus estimates surpassing the expected numbers for seven straight quarters.

Management says to expect the company to grow around 20-25% during the year. That means a forward P/E of 22.64 is in-line. With a PEG ratio of 1.36 and no debt to speak of, AVAV has the financial flexibility to continue rewarding shareholders. Despite the market sucking portfolios dry, Aero is up more than 30% in the last year.

AeroVironment, Inc. (NASDAQ:AVAV) is set to report earnings after the market closes this afternoon. AeroVironment, Inc. engages in the design, development, and production of unmanned aircraft systems and energy technologies for various industries and governmental agencies.

AVAV is expected to earn a profit of 27 cents for its second quarter. We expect the defense/alternative energy company to announce earnings that will beat investors’ and analysts’ expectations. Aero has had no problem handling consensus estimates surpassing the expected numbers for seven straight quarters.

Management says to expect the company to grow around 20-25% during the year. That means a forward P/E of 22.64 is in-line. With a PEG ratio of 1.36 and no debt to speak of, AVAV has the financial flexibility to continue rewarding shareholders. Despite the market sucking portfolios dry, Aero is up more than 30% in the last year.

AVAV has the potential combustible combination of positive earnings

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AVAVThe Correct CallOrthovita Showing Some Spinehttp://seekingalpha.com/article/106811-orthovita-showing-some-spine?source=feed_author_the_correct_call
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We screened through all the top performing industries looking for companies that might be potential buy candidates. We found just one that interests us, Orthovita Corporation (NASDAQ:VITA).

Orthovita is a spine and orthopedic biosurgery company with proprietary biomaterials and biologic technologies for the development and commercialization of synthetic, biologically active, tissue engineering products. It develops and markets synthetic-based biomaterials products for use in spine surgery, the repair of fractures and a broad range of clinical needs in the trauma, joint reconstruction, revision and extremities markets.

Despite the economic freefall, VITA’s sales are headed in the right direction. For its third quarter, sales increased 42% to $20.6 million as compared to $14.5 million for Q3 2007. In fact, the 3rd quarter sales were up 7% versus the second quarter of ’08. Year-to-date, VITA’s 2008 sales increased 32% to $56.1 million as compared to $42.5 million for the same period in

We screened through all the top performing industries looking for companies that might be potential buy candidates. We found just one that interests us, Orthovita Corporation (NASDAQ:VITA).

Orthovita is a spine and orthopedic biosurgery company with proprietary biomaterials and biologic technologies for the development and commercialization of synthetic, biologically active, tissue engineering products. It develops and markets synthetic-based biomaterials products for use in spine surgery, the repair of fractures and a broad range of clinical needs in the trauma, joint reconstruction, revision and extremities markets.

Despite the economic freefall, VITA’s sales are headed in the right direction. For its third quarter, sales increased 42% to $20.6 million as compared to $14.5 million for Q3 2007. In fact, the 3rd quarter sales were up 7% versus the second quarter of ’08. Year-to-date, VITA’s 2008 sales increased 32% to $56.1 million as compared to $42.5 million for the same period in

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VITAThe Correct CallFour Reasons Radian Group Is Headed Higherhttp://seekingalpha.com/article/105599-four-reasons-radian-group-is-headed-higher?source=feed_author_the_correct_call
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We recently wrote about Mortgage Finance companies as potential targets for some major upside. We screened all the companies in the sector looking for potential buy candidates and came away with one: Radian Group (NYSE:RDN).

Radian Group is a leading provider of credit enhancement for the global financial and capital markets. RDN evaluates credit risk, provides products and services in mortgage insurance, public finance, structured finance, reinsurance and other financial services help clients and investors manage risk.

Like many stocks that have anything to do with mortgages, this stock has been beaten down like Roy Jones Junior against Joe Calzhage. The 52 week range is $14.46 to 70 cents. Currently the stock trades at a hair below $4 per share.

There are four reasons we believe RDN is worth your consideration.

As we mentioned before, our technical analysis revealed a buy signal for the Mortgage Finance Sector.

We recently wrote about Mortgage Finance companies as potential targets for some major upside. We screened all the companies in the sector looking for potential buy candidates and came away with one: Radian Group (NYSE:RDN).

Radian Group is a leading provider of credit enhancement for the global financial and capital markets. RDN evaluates credit risk, provides products and services in mortgage insurance, public finance, structured finance, reinsurance and other financial services help clients and investors manage risk.

Like many stocks that have anything to do with mortgages, this stock has been beaten down like Roy Jones Junior against Joe Calzhage. The 52 week range is $14.46 to 70 cents. Currently the stock trades at a hair below $4 per share.

There are four reasons we believe RDN is worth your consideration.

As we mentioned before, our technical analysis revealed a buy signal for the Mortgage Finance Sector.

RDNs chart also

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RDNThe Correct CallExpecting Weakness from MasterCard's Earnings Report Mondayhttp://seekingalpha.com/article/103281-expecting-weakness-from-mastercards-earnings-report-monday?source=feed_author_the_correct_call
103281MasterCard (NYSE:MA) is set to report earnings before the market opens on Monday, November 3rd. MasterCard Incorporated, together with its subsidiaries, provides transaction processing and related services to customers principally in support of their credit, deposit access, electronic cash and automated teller machine payment card programs, and travelers cheque programs.

MA is expected to earn a profit of $2.25 for its 3rd quarter. We expect the processing company to announce earnings and provide guidance that will not live up to investors’ and analysts’ expectations.

With yesterday’s news that the economy lost ground and consumers cutting spending at a 3.1 percent annual rate in the 3rd quarter, the biggest pullback since the recession of 1980, we don’t see how MasterCard could avoid being pinched. Moody’s recently reported,

”Credit card charge-off rates in the U.S. continued to rise in August and are expected

MasterCard (NYSE:MA) is set to report earnings before the market opens on Monday, November 3rd. MasterCard Incorporated, together with its subsidiaries, provides transaction processing and related services to customers principally in support of their credit, deposit access, electronic cash and automated teller machine payment card programs, and travelers cheque programs.

MA is expected to earn a profit of $2.25 for its 3rd quarter. We expect the processing company to announce earnings and provide guidance that will not live up to investors’ and analysts’ expectations.

With yesterday’s news that the economy lost ground and consumers cutting spending at a 3.1 percent annual rate in the 3rd quarter, the biggest pullback since the recession of 1980, we don’t see how MasterCard could avoid being pinched. Moody’s recently reported,

”Credit card charge-off rates in the U.S. continued to rise in August and are expected